Financial Literacy Test Worksheet
The method (Read, plan, check): Name the type of question: count, change, bill, better buy, discount, budget, saving, interest, profit, passbook or safety. Use the method from that lesson and work step by step. Check: change is less than the money paid, a discount makes the price smaller, needs come before wants.
NameDateTime takenScore ___ / 40
- 1.For Priya, is “medicine when ill” a need or a want? (a) Need (b) Want
- 2.Pooja’s mother scans a shop’s QR code to pay ₹10000. What should she check before she pays? (a) The colour of the code (b) Nothing, just pay (c) The name of the shop
- 3.Shop A sells 4 pens for ₹48. Shop B sells 6 pens for ₹108. Which shop is cheaper for one pen? (a) Shop B (b) Shop A
- 4.Gurpreet buys a sticker sheet for ₹8 and an ice candy for ₹15, and pays ₹50. How much change does Gurpreet get (in ₹)?
- 5.₹66 − ₹20 =
- 6.How many coins of ₹5 does Tara need to make ₹15?
- 7.Meera keeps ₹1800 in a bank. After 2 years the simple interest is ₹324. What is the rate of interest per year (in %)?
- 8.Isha has ₹15 in a piggy bank. Mausi gives Isha ₹17 more. How many rupees does Isha have now?
- 9.Which coins and notes make exactly ₹71? (a) 20 + 1 + 1 (b) 50 + 20 + 1 (c) 100 + 20 + 1
- 10.Ananya has a budget of ₹2000 for a birthday party. The juice cost ₹60, the decorations cost ₹360 and the balloons cost ₹390. How many rupees are left?
- 11.Which coins and notes make exactly ₹26? (a) 50 + 20 + 5 (b) 5 + 2 + 1 (c) 20 + 5 + 1
- 12.One tiny sticker costs ₹1.50. How many rupees do 3 tiny stickers cost? =
- 13.A lunch box costs ₹245 online. Delivery is ₹70 and a coupon takes ₹10 off. What is the final price (in ₹)?
- 14.Isha has 6 notes of ₹20. How many rupees does Isha have?
- 15.Ananya buys a T-shirt (₹255), a geometry box (₹115), a notebook (₹30) and a samosa (₹12). What is the total (in ₹)?
- 16.A lunch box costs ₹185 online. Delivery is ₹40 and a coupon takes ₹30 off. What is the final price (in ₹)?
- 17.An eraser costs ₹5. Vivaan pays ₹10. How much change does Vivaan get (in ₹)?
- 18.₹6 + ₹8.50 =
- 19.How many coins of ₹2 does Sneha need to make ₹6?
- 20.Vivaan sells 24 clay diyas at ₹5 each. How many rupees does Vivaan get?
- 21.4 friends run a stall selling friendship bands and make a profit of ₹360. They share it equally. How many rupees does each friend get?
- 22.Ananya spends ₹240 of ₹800 pocket money on books. What percent is that?
- 23.Rohan’s class stall spends ₹30 to make 15 clay diyas and sells all of them at ₹5 each. What is the profit (in ₹)?
- 24.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
- 25.Ishaan buys a cricket ball (₹100), a school bag (₹585), a football (₹385) and a plate of idli (₹35). What is the total (in ₹)?
- 26.A family plans ₹33000 for the month. 10% of it is for electricity. How many rupees is that?
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27.Arjun’s shop bill:
4 notebooks at ₹40 each
2 mangoes at ₹35 each
2 storybooks at ₹150 each
What is the total bill (in ₹)? - 28.Ananya wants a bicycle that costs ₹3150, has ₹1520 already and saves ₹400 every week. In how many weeks will Ananya have enough?
- 29.Which is the same money as one ₹100 note? (a) five 50-rupee notes (b) two 50-rupee notes (c) three 50-rupee notes
- 30.Vivaan saves ₹70 every week for 10 weeks, then buys an art kit for ₹480. How many rupees are left?
- 31.A T-shirt costs ₹365 online. Delivery is ₹60 and a coupon takes ₹20 off. What is the final price (in ₹)?
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32.Dev’s passbook:
Opening balance: ₹700
Credit (money in): ₹650
Debit (money out): ₹1300
What is the balance now (in ₹)? - 33.What do 5 colour pencil sets at ₹120 each and 4 samosas at ₹18 each cost in all (in ₹)?
- 34.Kavya deposits ₹950 saved in a piggy bank. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 35.After 20% off, a board game costs ₹784. What was the price before the sale (in ₹)?
- 36.Kavya wants a football that costs ₹595, has ₹60 already and saves ₹40 every week. In how many weeks will Kavya have enough?
- 37.Of a ₹50000 monthly budget, 5% goes on electricity and 30% on travel. The rest is saved. How many rupees are saved?
- 38.The bill for 4 water bottles and a mango is ₹910. A water bottle costs ₹220. What does the mango cost (in ₹)?
- 39.Diya gets ₹80 a week, spends ₹70 each week and saves the rest. How many rupees has Diya saved after 7 weeks?
- 40.₹51 − ₹19 =
Answer key
- Need
- The name of the shop
- Shop A
- 27
- 46
- 3
- 9
- 32
- 50 + 20 + 1
- 1190
- 20 + 5 + 1
- 4.5
- 305
- 120
- 412
- 195
- 5
- 14.5
- 3
- 120
- 90
- 30
- 45
- Never share the OTP
- 1105
- 3300
- 530
- 5
- two 50-rupee notes
- 220
- 405
- 50
- 672
- Credit
- 980
- 14
- 32500
- 30
- 70
- 32
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids